Avenue Supermarts , which runs the retail chain Dmart, reported its results for the September quarter on Saturday, October 11. The numbers were higher on a year-on-year basis across parameters.
How Did DMart Fare In Q2
Avenue Supermarts reported a revenue growth of 15.5% year-on-year to ₹16,676.3 crore from the same quarter last year, when it raked in revenue figures of ₹14,444.5 crore. This is marginally lower than the 15.8% Compounded Annual Growth Rate (CAGR) it has reported in the last three years.
The profit numbers stood at ₹685 crore, compared to ₹659 crore, marking an uptick of 3.9% YoY.
Avenue Supermarts' Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 11% to ₹1,213.8 crore from ₹1,093.8 crore during the same quarter last year. Brokerage fir